04/14/2026
Rates just had their best day in 4 weeks — This is worth paying attention to.
The 30-year fixed dropped to 6.31% today. That's not a massive number on its own, but context matters: at the peak in 2023, rates were pushing 8%. We've come a long way from there.
🔥Here's what 6.31% actually looks like on a $350,000 loan:
👉 Principal & interest payment: roughly $2,174/mo
If you're renting right now and wondering whether buying still makes sense — the honest answer is: it depends on your specific numbers. But rates moving in the right direction is never a bad thing for buyers.
🔥FHA is sitting at 5.88% right now, which is huge for first-timers who qualify.
🔥VA is at 5.90% for eligible veterans.
These are real opportunities.
What's driving the drop? Mostly movement around Iran/oil negotiations. Markets reacted positively to early deal signals this morning. Nothing is guaranteed, but today was a good day.
Want to know what your payment looks like at today's rates?
Let's run the numbers together.
📲DM me or call/text 702-328-4583 to run your numbers.
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TAKE FROM MORTGAGE NEWS DAILY 4-14-26